Ken Griffin Doesn't Need You, Ken Griffin Doesn't Need Any Of You!

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Yeah, it looks kinda bad that Misha Malyshev, the Citadel trader who was instrumental in two of the firm's funds gaining 40 percent last year, as opposed to losing nearly 50, has up and peaced, and taken two members of his team with him, but that's because you're thinking about it in the completely wrong way. This isn't a sign of sinking, this is a sign of soaring, and an opportunity for KG to roll up his sleeves and get back into the scrum of things, like he was planning on doing anyway (answering phones, makin' calls, just getting dirty in general, like the old days). As for where traitor-boy is headed, that's unclear, though, like they always say, follow the cookie crumbs. (Or just shoot us a line and say definitively.)

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Greece Doesn't Need You!

Greece doesn't need any of you! Greece's finance minister on Thursday denied a report citing the country's representative to the IMF as saying Athens would need a third bailout package. The euro weakened against the dollar on the report, which was later also denied by the official quoted in the article and came as international inspectors are mulling handing over the next tranche of Greece's second aid package. "The country's positions are formulated by the Prime Minister and the Finance Minister," Greek Finance Minister Yannis Stournaras told Reuters in response to the Dow Jones/Wall Street Journal report. The article quoted Thanos Catsambas, Alternate Executive Director at the IMF Executive Board representing Greece, as saying the country would need a third bailout from European creditors. It also reported Greece could not bridge a funding gap and had met only 22 percent of targets for the second bailout...Catsambas issued a statement saying the article included "at least three important inaccuracies". [Reuters]